Needless to say, late VAT registration, errors, late VAT returns and late VAT payments can all lead to penalties and possibly interest being charged. So allowing Digi Accountants to take care of your VAT affairs, not only gives you peace of mind, but it should also avoid you wasting your hard-earned cash on penalties and interest.
If you’re just starting out, we can help you decide whether you need to be VAT registered from the outset or not. As well, we will continue to monitor your situation, so that should it become obligatory for you to register for VAT. We will also let you know if we think you are able to and would benefit from deregistering.
Digi Accountants can prepare your VAT return; either from your own bookkeeping records or we can take care of your record keeping and the VAT return. And we will try to ensure that you claim as much VAT as possible.
As with other areas of tax, we can act as your Agent for VAT purposes and therefore correspond with Revenue on your behalf.